Americans have been leaving the workforce in record numbers in recent months, contributing to a “Great Resignation” that has left employers fighting for a dwindling supply of labor. But like any trend, the Great Resignation has not affected all regions of the country equally — and in this case, states in the Mountain and Southeast regions might be faring the best, and the Northeast the worst.
The South, West and Midwest regions had the highest percentage of workers quitting their jobs in September, according to a new report from the Society for Human Resource Management (SHRM) based on recent Bureau of Labor Statistics data. Each of those regions had “quit rate” ratios of 3% or higher in September, based on total employment. The Northeast had a quit rate ratio of 2.2%.
At the same time, the South led all regions in hiring workers, with a hire rate of 4.9% of total employment. The Midwest and the West had rates of 4.3% and 4.2%, respectively, while the Northeast had a rate of 3.7%.
What this means is that comparatively speaking, a lot of people are quitting jobs in the South and finding new employment due to a hiring spree. Conversely, not that many workers are quitting jobs in the Northeast, but that might be because they don’t see as many attractive openings.
If you use unemployment stats to gauge the Great Resignation’s impact, then the states faring the best are Nebraska, with an unemployment rate of only 2% in September; Utah (2.4%); Idaho (2.9%); and Idaho (2.9%). Those faring the worst are California (7.5%); Nevada (7.5%); New York (7.1%); and New Jersey (7.1%).
Here are how things break down according to other employment metrics in September:
Highest Quit Rates (as % of total employment)
Lowest Quit Rates
New York: 2.0%
New Jersey: 2.2%
Highest Hire Rates
Lowest Hire Rates
New York: 3.5%
The Economy Moving Forward
As the country continues to grapple with the coronavirus pandemic, supply chain issues, and other problems, it remains to be seen how both the private and the public sectors will work to navigate these crises.
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